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, user's guide to taxes. big change is coming. he will get you prepared tonight . and america's worst charities, is essential advice on giving wisely this christmas. we're watching out for you tonight on "the willis report." ♪ gerri: welcome to "the willis report." your show, your money, your voice. tonight your health care costs. new warnings of how the architect of obamacare processing you can keep your doctor if you paid up with more on this, it has some fire, health fellow at the heritage foundation. dr. kevin campbell, cardiologists will we're talking about, over the weekend, ezekiel emanuel said that, yes, you can keep your doctor, but you may have to pay more. listen to this. >> he asked a question, if you like your doctor, you can keep it. did he not say that, sir? >> did not say you could have unlimited. >> a simple yes or no question. >> yes. if you want to pay more for an insurance company that covers your doctor, you can do that. this is a matter of choice. you pay more for a wider range of choices or wider range of benefits. gerri: you are a doctor. did this come as a s
a few things that were on our list that we just had to get done. the tax code had to work, education had to work. you had to have regulatory system that worked. you had to be fast on the dime in working with the private sector because they could take their investment and go elsewhere real fast. so we had our own little strategy. and i would guess that you sitting down, what is the strategy for hawaii? what is it that you must get ght to survive in the 21st century? and that then define what is you need to do even if you find yourself in the minority position. >> did i hear you correctly are you the only republican in the tate senate? >> i'm actually in the house. but there is one senator out of 25 in the senate and there are 7 out of 51 in the house. so we are eight out of 76. >> we're trying to change your dynamic. >> well, the united states capitol there's a saying in the house that the other political party is the opposition. but the enemy, the enemy is the senate. so i guess we temporarily lumped you in with the enemy. so we're sorry about that. it sounds like your side emphasizes qu
with the reliability of fedex. neil: first the tax hikes and now the spending streets. raises and hiking spending across the board. the state is now running a surplus according to reports. fox news radio host with us now. >> yes, i spent 30 years in sacramento. i am telling you, that is fiction, the fact that they have this surplus. not only in thestate of california, but illinois, his huge pension obligations and they pretend that those don't exist. and they are off the books. because of your add-in that is, we are talking that we cannot afford could have a $45 billion surplus this year. by the time summer comes around and that will grow until 2020 every single year. and they raise taxes by about $6 billion and it ties in perfectly and the problem is they have an obligation for their pensions, the two big state pensions and health obligations of 300 billion for the pensions and another hundred billion fr the health care for the retirees. $400 billion and not even addressing this problem. neil: let me ask about how they are able to sneak in raises for themselves as politicians back in 1990 they s
freedom. less red tape, less taxes, more money left in detroit. the answer to poverty and unemployment is not another government stimulus. it's simply leaving more money in the hands of those who earned it. today i'm here to introduce something i call economic freedom zones. this is a bill that will be introduced next week in washington. these freedom zones will dramatically reduce tax and red tape so detroit businesses can grow and throb. he called his plan a conservative war on poverty. it's time we revisit some of the ideas of jack kemp and expand upon them. the bill that i will introduce, will introduce power and freedom zone. this political lower personal and corporate income taxes in detroit to 5%. my bill will lower the payroll tax, 2% for the employees, 2% for the employers. economic freedom zones will cut out the red tape that keeps new businesses from starting and old businesses from thriving. inside these ozones will suspend the capital gains tax. we will allow all small businesses to deduct most of what they invest in the first year of purchase. how will this differ from tr
: you said that? [laughter] to george clooney. >> he says raise taxes. >> to drive a toyota petraeus to the ms -- jemmies but they have a private airplane and i wish i had a private airplane. >> many advocate to rai taxes but well-connected celebrities are quick to use your tax dodges. >> owning acres of land in new jersey but pays only $100 of state property tax because he raises honeybees' he qualifies f the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but then you rob those anti-poverty programs by calling yourself a former? that is the hypocrisy that is frustrating to see why i wrote the book calling of these people on their duplicity. john: one final example some of the activists are so eager to pr
that and lowering the corporate tax rate loopholes in a way that would be a better bargain for jobs in this country. to invest in universal prek. e need to continue to do the things that the president has jobs to rd to attract america from overseas and to n ing home jobs from america companies that are located overseas, bring them home to build on those trends. we need to continue to build on the trends, the positive trends we've seen in the manufacturing sector in this country. epresented by the automobile companies but also by host of signs and ive developments in manufacturing. so the president is not the east bit satisfied or complacent with where we are. that's why we really believes that we ought to have a spirited conversation about what are we going to do to reduce an equality. what are they going to do to jobs se the number of overall. but particularly the number of obs that pay a middle class wage and provide middle class security to families across the country. said in that speech that we done with e of this congress and where congress will take move, he action that he can on his own, fu
a rule giving unions a huge tax break under obama care? that investigation is next. later, a bus full of kids so out of control the driver had to call the cops. wait until you hear who wound up in trouble. >> [ bleep ] focus on what you're doing. what if you hit somebody? you think it's [ bleep ] funny, look at me like a man. mine was earned orbiting the moon in 1971. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a
to create middle-class jobs. please just don't say tax cuts and cutting the deficit. >> can i just start by saying i don't know what anybody has been smoking here, but if you think this is a good economy, then we need to start all over again. what you need -- first of all, 203,000 jobs, i'm glad that we've got that, about you we need to create at least 150,000 a month just to keep our mouths -- let me finish. >> okay. i'm waiting. >> what you need to pay attention to, and david is well aware of this is the labor force participation rate. what we have seen is people, particularly young americans, are opting out, they are giving up, underemployed. that means they're getting part-time jobs. it's about 63%, which is about a 30-year low, which means that 47% of this economy has basically given up until obama. these policies have not created economic growth, and everybody knows it. >> but wait, wait, ants my question. >> i can answer it. >> the house republicans is 40 jobs create bills that are stalled in the senate. >> they're all the same two things. >> no, they're not. they're energy job, t
in detroit simply by lowering the taxes in detroit. >> it's like kemp's enterprise zones on steroids. i looked over the plan. you're calling it the freedom plan. you will give eligible areas a reduction in individual and corporate tax rates. correct? yes. we'll take personal and corporate tax down to 5%. bring the payroll tax down for the worker and employer. and we'll reduce the red tape and let businesses thrive. we'll invite entrepreneurs from around the country and around the world who want to come to detroit and make it like a mini hong kong. there are great things you can do the. it's amazing how much money accumulates not from other parts of the country but just from detroit's tax base if you don't take it to washington. you leave it in detroit. >> you're saying you will reduce the personal tax liability to 5%. can you do that? you're senator rand paul, one senator. how do you accomplish -- i like the idea. i'm asking how you accomplish it. >> well, if i were president obama i would do it by edict. i'm just a senator so we have to pass it as legislation and get the president to s
and ready to get up a deal when we are supposed to. >> in the '80s and '90s we did not have just a tax increase of cuts but that have been dip this year that could have called is like having 400,000 jobs created because we're not in stimulus motive to do more. it was good news. >> so if we have a government is shut down assembly will have auarter reported taken off for gdp what a powerful economic engine and then we have third quarter gdp growth of 3.6% invested a couple years it a good jobs ever. i thought the sequester were to be devastating? >>. >> the more it cuts spending the better for the private sector when dispense the dollar i don't understand the logic. >> we pay people borrow money not to work and people are working. that does not make sense. >> to give emergency benefits where does the money come from? >> if we give you a tax cut they will put it in their pocket. >> we have to make sure that people need the jobs and food get it. >> with 47 million people? people largely a pretty good job. >> of course, the we should not said that giving a lot more welfare benefits was bett
another massive package including more than $50 billion in spending to help offset sales tax hike. >>> mario draghi should be holding fire, despite the recent drop in inflation. investors eyeing the ecb's economic staff projections. >>> and i told you so. british chancellor george osborne may have reason to gloat. >>> and china's financial institutions are warning against trading bitcoins as the bank admits while there are risks, it could still use the currency. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. hello. a warm welcome to the program. the government has just unveiled an $18.6 trillion yen stimulus package which includes 5.5 trillion yen in fresh spending measures. this is to offset the accuracy in the sales tax which is coming in in april which raises the rate effectively from 8% to 5%. it follows the unveiling of a 10.3 trillion package back in january. a number of measures will be expected as far as this package is concerned. particularly for those on the lower income as well. we will get those measures as soon as
, not just a job. >> reporter: and allem, there are no new tax hikes or spending cuts on the horizon as a part of these budget battles. no major ones at least. so economists say that will also bodes well for the recovery. alex. >> kristin it, quick question about the president's schedule next hour. what is this, a saban forum he's going to be attending that and speaking? >> that's right. that is sponsored by the brookings institution. he's going to be speakinging there a forum on middle east policy. white house officials say it's up to the moderators to set the tone. i can tell you that the title of the forum this afternoon, alex, is power shifts, u.s.-israeli relations in dynamic middle east. the backdrop to this forum, the recent deal struck with iran to freeze iran's nuclear programs for six months in exchange for scaling back some of the sanctions, israel didn't like the deal. as you know, that created fresh tensions between the united states and israel. no guarantee that that will be discussed during the forum, but certainly one of the big issues in the backdrop. then of course,
people are going to react? >> people will say, what did i do to deserve this after all you pay your taxes, work for a living. you've been forced to change your doctor. you've been forced to pay more for inwhich you may or may not need but the second sticker shock which is as you point out, heather, deductibles. the study was done by health pockket incorporated which studies this kind of thing. the federal exchanges, they found out the bronze plan has an average deductible for individuals of $5081. let's point out that is money you've got to shell out from your own pocket before insurance coverage kicks in. $5081 for the bronze plan. i don't think that is affordable to a lot of people, heather. >> i thought it was interesting, they were taking a look at say one woman having a baby. if you look at these numbers, it's not covered. they pay all of it out-of-pocket, is that right? >> that's correct. the average cost of having a baby in some states, the states studied was over $6,000. if your deductible is $5081 and more for a family, your birth is not covered. this may result in some, not in t
with tax incentives, to come back to the united states and start building our manufacturing base and get these lewd college jobs. are thelar jobs foundation of this country. there are very little now. back,if those jobs came -- in order for blue-collar jobs -- the argument for raising the minimum wage -- if you had those types of jobs -- for a person to survive on a blue-collar wage, what would it have to be? jobs -- ase-collar industry becomes better and better, the incentives and the increase in income will come along with that. that is what i am saying. there are no opportunities. the young people are restricted as to what they can do. if you have just a high school education -- i only had a high school education. the jobs were there when i came out of high school. it was not i thought. a kid with a high school education is pretty much in a deadlocked situation now. if he can even get a job. that is what needs to be done in my personal opinion. host: david in florida. caller: good morning. i believe that you are totally impartial and the way you do your job. thank you. i agree with a
for your 401(k). and then there is this. the split among democrats, taxes at the heart of it, the "wall street journal" weighs in on that. who knew, rodeo hits the big money. a barrel racer. and some airports say okay to eat cigarettes. we will take you there. and those russian diplomats milking medicaid, is it that easy to take our money? the answer is yes. watch out, charles payne and monica crowley are back. with more. ♪ look at this, it is a rally, stocks surging on the jobs report that came out an hour and half ago. last hour telling us a selloff is going to come this afternoon probably. charles payne is here, you disagree with that. charles: that has been the pattern. in those intraday sessions there was a point in the session we were up, in other words what the pattern has become, excitement in the daytime, morning and the professionals, the smart guys kind of selling into that. i don't think so. we will be challenged. stuart: are you or are you not protecting a 200-point rally at the close of trading? he will be happy with that? because the economy is stronger, profits are str
there what this administration is going to try to do on tax policy, people are puttg their money in gold overseas, and they don't trust this administration. so -- >> the world has the same view. they say through this "forbes" study businesses that world is their oyster, they can park their money or businesses or plans anywhere they do not see us fitting into that tragedy, ireland, yes, u.s., no. >> absolutely. and a flick of your on a keyboard, you can invest, put your money, run a business overseas from sitting at home, and if you don't know what your stability is and the economic consequences of political actions here, you put your money someplace else. we're stagnant. neil: amazing, thank you dennis hastert. uncle sam, have a pint and drown your sorrows, ireland and others are doing better. but we want to pursue why these countries are the draws and we are not, that is what is important, i want to focus on why that is the case. after this. as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from
the gasoline tax? >> you account for $42 billion, can you sell out for me where that has gone? >> it accounts for the hundreds of billions that were already forking over things like this. shouldn't we apply and it is a sign that funds are tight? also, where all the funds have been going thus far. apparently not into as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with the spark cascard from capital one, i get 2% cash back on ery purase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! what's in your wallet? every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest moren the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the la
handouts. he said lower the tax rate dramatically, 5% corporate and individual tax rate. school choice, education tax credits. various provisions to make it easier for people to invest in the inner city. he said, look, we tried government solutions. they haven't worked. so let's try market-based solutions, and that's his answer to a lot of these issues. i have to tell you, a steep road they have to climb. in detroit, for instance, in 2012, obama got 97% of the vote. mitt romney, 2%. >> does he actually believe the unemployment number? you know, there's been some speculation that it doesn't really accurately reflect what the situation is in our country? >> well, he points out the fact that for blacks, the unemployment rate is roughly double what it is for whites. and you know, regardless of what the statistics are, he understands there's a serious unemployment problem around the country but especially with minorities in the inner cities. he's saying that the typical liberal democratic solution is not the right way to go, that you need to go market-based and try something else because th
nothing. they have done nothing about the longterm entitlements. nothing about restructuring the tax code. nothing. so basically, both sides have agreed to just move along, essentially not replacing the sequester entirely. so i wouldn't call that a victory, unless you're subject to the -- the soft bigotry of low expectations. >> dana, i knew you were going to quote george w. bush on affirmative action. >> and, of course, they have -- they have punted on the issue that is of very immediate concern, and that is the need to help these people, as they always have been helped in a difficult job market as this is now. so it would be, i think -- it would be startling if they did nothing and had all these people losing their unemployment benefits right in time for the christmas season. >> and perry? >> key distinction, the republicans for a long time have favored reducing unemployment benefits. right now, under federal law, you have up to 73 weeks of unemployment benefits. that's why -- there's a number that's been high, because the recession has been so difficult and people have a hard time find
investment for our tax payers? >> it is not spending, it's an investment. you are absolutely correct. >> thank you. >> thank you very much. >> i appreciate this opportunity. it's a fascinating conversation. i want to focus on the testimony of dr. robinson. hearing is important because it highlights the testimony of now moving as a away from a philosophy toward higher education that focuses only on access and starts to look at success. i'm a product of pell grants. i could not have graduated from wabash college without pell grants. i have lived the importance of these degrees great but the world has changed a lot in last 40 years. i would say the federal financial aid system is one of the great success stories in the history of the federal government. access, weal was provided access to higher education for people in this country like never before. the challenge is, when these programs started 40 years ago, access was enough. when you looked at the income potential is someone with just a little time in college, your income potential was higher. today, that has changed. if you don't gr
'll implement any of the policies he's talked about, raising the minimum wage, whether he's going to limit tax breaks for the rich, that, of course, is policy will be a lot harder for him to actually do. >> but he had to do that. you had a report coming out showing that income disparity had gotten much worse since 2009 and shows that this is not just a republican issue or a democratic issue, it's an ongoing crisis. >> social mobility is a concern. social mobility in america is lower than in europe. is that the way americans think of themselves they have lower social mobility than in the country you threw over and threw off because we had -- i don't think it feels that -- that's not what americans feel. >> it's counter intuitive. i grew up hearing british people and french people coming to this country, we're coming here because we feel we're so chained down by class structure and all of these obstacles. in america you can come here and be anything you want to be. that's what i heard. >> it's harder. >> it's getting harder. >> i do think that's a problem. it's also the whole discussion about mi
you are finding the money. i think people are taxed to death and i don't mind two-tier health care if you want it, pay for it. i understand it. but you know, and we have general health care up here. but, you know, it's going to cost a fortune for you to put in this obama care. and i don't see how the people will afford it. >> the mayor was invited to talk about sports. >>> and now to a warning to computer users around the world. more than 2 million facebook, google and twitter passwords have been stolen. online networks have disabled affected passwords and that's tonight's speed read. >>> why do the democrats tell us things they know aren't true. >> remember what he president said? if you like your insurance, you can keep it. >> if you like your health care plan, you can keep your health care plan, period. >> what he said was true. >> okay. >> if you want to keep the insurance you had, you can keep it. >> you know that one's not true. and so do they. maybe they should call this guy. >> i got a letter in the latter part of october from florida blue and they told me that by the summ
set spending cuts. it would not involve any new tax increases or any major entitlement reforms. even at smaller deal is going to be challenge. they have their own set of issues and critics. one idea is the aviation security fee, hitting a passengers every time if i. the airlines don't like that. they want to see workers contribute more to their retirement plans. democrats don't like that, particularly in maryland and virginia. is timeblicans think it to and some of the benefits. if they can't reach a deal by friday, john boehner may kick the can down the road and pass a temporary spending deal that will get past the holidays. nobody like that option. but it is better than the alternative. back to you. >> tonight on political capital with al hunt, former secretary of state, dr. madeleine andight, will discuss china iran. up next, business competition can be a contact sport. we will meet one ceo who was taken a challenge literally. she takes on her rivals and elbow pads and skates and the pack -- in the fast-paced world of roller derby. that and more when bottom line continues in just
talk about, tax, regulations. so talk about what you're hearing on the hill, what you're hearing at the white house. is there a chance to pass minimum wage nationally even through the senate? >> the minimum wage talk -- you hear that much more to the side than the unemployment insurance. steve and his chart noted minimum wage hiked in bush years 2007 the country had not gone through a recession and things were looking good. it took a huge amount of capital from the senators. ted kennedy keys speech pushed the bill over the top. i don't hear much talk or optimism that we're going to get a hike to $10.10. in fact you hear more skepticism about that. with respect to unemployment insurance, you're starting to see the debate heat up in part because it comes at a cruel time. it would be right after christmas, december 28th. you have about 1.3 million people losing benefits. the question is how do you pay for it. right now the cost is about $25 billion so these budget negotiations that are happening right now they are trying to figure out if they can find money to pay for that $25 billi
we are not spending enough money on education. let's raise taxes and spend more money on education. we spend more money per student than any other country in the world. and yet we're falling further and further behind. your wife also very involved in education reform. i mean it seems so many people have taken a real interest in this over the past decade. and the numbers keep slipping. >> they keep slipping. i'll quote my wife on this. her view is having worked in charter schools and curriculum reform is that there's no silver bullet. what might work in tennessee might not work in arizona, might not work in new york. >> one size fits all does not work. >> there's not a kind of, i don't want to sound like a states rights guy but there's not a national answer to this. it is, in fact, a national security issue. it's about imperial decline. >> mike, a very interesting thing about this study, poland one of the great success stories. one of the things they did was they focused more on who went to traditional colleges and who was moved over to vo tech areas. that is one area we have to rea
's plan to fix the wealth gap. taxes, higher minimum wage, all on the table and some remarks he has been giving. stallering facts on the income of lower level bank employees. guess who's paying them? you the taxpayers are to a surprising degree. we'll explain that. to sue in the house today. >> i am, ty. thanks. three key pieces of data out leaving about everybody scratching their heads. first up, the adp jobs report showing a gain of 215,000 private sector jobs. then october's new home sales, booming up 25.4%. but ism nonmanufacturing fell to 53.9 from 55.4 a month ago. here's one of the more worrisome factors for the market right now. take a look at the yield on the ten-year note, 2.84%. that has put some pressure at various times in the trading day on the dow jones industrial average. let's take a look at where it's sitting right now. the dow down about 37 points on the trading session. the s&p 500 is down almost 5 and the nasdaq composite is down a little better than 5. all three, though, are up more than 20% year to date. let's get to bob pisani at the nyse. bob, what are they talki
are going to find the money except for the taxpayers' pockets. i think people are taxed to death. you know, i don't mind two tier healthcare if you like healthcare you pay for it i understand that. but, you know, and we have general healthcare up here or old hip we call it. but, it's going to cost a fortune for you guys to put in this obamacare. i don't see how the people are going to be able to afford it, to tell you the truth. >> mayor ford was invited to the radio show that talk about sports. urgent warning to computer users around the world. more than two million facebook, google and twitter pass words have been stolen. in response to the giant hacking. online networks have disabled the effective pass words and that's tonight's speed read. >>> and now why do the democrats keep telling us things they know aren't true? >> remember what the president said, if you like your insurance you can can keep it. >> if you like your healthcare plan, you will be able to keep your healthcare plan. period. >> what he said was true. >> okay. if you want to keep the insurance you have, you can keep it.
. they came up with the negative income tax which led to the income tax credit that's helping a lot of poor people. they came up, dare i say it, with health care exchanges which president obama put into law. they came up with revenue sharing to help stress state and local government. they're turning their own back on their own history. not just on liberal ideas. >> you know, congressman, a lot of people -- this was brought home when they realize you're talking about children. there was as i said this very arresting article in "the new york times" this morning front page that i read very early this morning. about this 11-year-old named sesani. and it brought to mind when the president was speaking on income inequality. he talked about children in poverty. listen. >> the idea that a child may never be able to escape that poverty because she lacks a decent education or health care or a community that views her future as their own. that should offend all of us. and it should compel us to action. we are a better country than this. >> i mean, when we get to the point where children in no fault of
are expecting health carcosts to rise another new tax that will calm on consumers. there are a lot of things that have hit the economy, concerns about the government shutdown, concerns about his health care plan, that hasranslated into not a lot of new jobs. a lot of the numbers have been disappointing and people see that. for people that are working and haven't lost their jobs, they probably feel confident that they can go out and spend some money for the christmas season. but no one is feeling gregarious because there is a lot of uncertainty about the economy and at th sam time, we have a 7% consumer savings rate and that is all the way down to 2% now. what we are seeing is consumers have chipped away at any savings they have had and have very few bullets left in the chamber here neil: all right, thank you, have a great holiday. >> u.s. well. neil: here is what might be holding us back, looking at health care premiums. retail cyber monday come or you can point and click and find deals and health care cyber monday where you can't necessarily find this. kate joins us now. >> mllions of peopl
of the money is saved by being more efficient in medicare and medicaid and half are on taxes by people who should the. stuart: you want people to sign up. you want them to put their personal information, give you another chance, that is your you say you put yourand say you personal information, you're an architect of this, but your personal information into this and it is secure. >> i put my personal information on the web site when i was trying to look for information. i was very confident. stuart: what is it secure? >> you are asking me to guarantee something someone else has done. stuart: when you are telling people sign up. >> i think it is a good deal. stuart: you won't secure their in formation. >> it is a good deal. stuart: you have any personal liability? suppose we get identity theft down the road. are you liable? no, you are not liable. dr. -- it was fun. thank you very much. back to the markets, check the big board. we are down just two points. that is what we got you. the price of gold is down again, it was up earlier, the price of gold up by 1226. to nicole petallides at the t
not have from either party and certainly from the white house an economic plan. there's no tax reform. no plan for economic growth. there's no plan for empowerment. bottom line the white house is talking redistribution. the republicans are talking no. and the american people are sitting there saying, what's in it for us. >> and doug if you're a 25-year-old, right, if you have a job, you're paying tax to pay for social security that you don't believe you'll ever collect a penny of. you're now paying into a health care system that you don'tyou n. medicare, medicaid. no wonderer they feel hopeless. >> i'm seeing a lot of that on twitter. this gentleman calls himself strawman. he says forget obama. can america reverse down ward spiral. gop, dnc, both focused on winging at the expense at the united states. >> that's what most people in america think. and today i got a quote sent to me and it says republican and free government would be an obvious absurdity if the particular checks in controls provided by the constitution had no real influence for the public good. and that is what we have n
expired back in 1970. he's been ordered deported multiple times. the judge says omar obama pays his taxes and meets the requirements for a green card. during the hearing, omar obama testified, and i'm quoting him now, "i do have a nephew, he's the president of the united states." >>> when we come back, an estimated $10,000 in holiday donations allegedly stolen from the salvation army right here in the nation's capital, and the whole thing was caught on tape. you're going to find out how it happened. >>> and this year, santa could be delivering your christmas gifts with fighter jets on his tail. we have details of what the u.s. military is now planning. this was the hardest decision i've ever had to make. jim, i adore the pool at your hotel. anna, your hotels have wondrous waffle bars. ryan, your hotels' robes are fabulous. i have twelve of them. twelve? shhhh, i'm worth it& what i'm trying to say is, it's so hard to pick just one of you, so i'm choosing all of you with hotels.com. a loyalty program that requires no loyalty. plus members can win a free night every day only at hotels.com se
lawmakers do not deserve it. california has one of the highest tax rates in all the united states. how about that? >>> it has been an annual christmas controversy in rhode island. for the past two years the so-called grinch governor, lincoln chafee outraging christians by referring to the tree at the statehouse as a holiday tree. now chafee is doing an about-face, finally calling it a christmas tree. in a letter the democratic governor says the past practice of calling it a holiday tree just generated too much anger. what do you think about that switch? those are your headlines at this hour. >> thank you very much, heather. every time we do a story about lincoln chafee, people write in, steve, you look a lot like him. i should go to rhode island with a christmas tree. >> you belong in the statehouse. >> we rhode islanders would not mind you coming to -- >> i bet. thank you very much for joining us on this awfully busy tuesday. a dozen minutes now after the top of the hour. the numbers are shocking. nearly 22 million people over the age of 18 still living with their parents. our next guest sa
and switzerland's success in the world has to do the banks and secrecy and low taxes. a country of about 20,000 people -- >> all right. let's not change the subject. let's go on to whether or not education is something we ought to care about as a competitive -- something to help our competitors. >> there are other things that we ought to care about more. we should have an environment that encourages immigrants to come to this country to innovate, to succeed and to have second chances in life in case they fail the first time. that's much more important than making sure that johnny at 15 is at the same level of those mighty lick ken stein generals in calculus. >> but that suggests that we don't care about this issue. we should be able to walk and chew gum at the same time. you can have of all those things and have an education system. we know what it takes to make it better. it's not spending $115,000 per head. it's having merit-based pay for teachers, having competition between teachers, and, in general, giving our kids a better environment, especially in k through 12 where their instructors
's $17 trillion debt, close tax loopholes, or change health care and retirement programs. the deal is expected to be completed later this week. >>> asian markets got a list from strong export numbers in china and a sliding yen. tokyo's nikkei added more than 2% for its best one-day gain in three months. hong kong's hang seng gained a quarter percent. >>> the stock market could get a jolt this week as more ompanies are expected to announce lower than expected quarterly earnings. the dow finished 198 points higher on friday driven by four months of consecutive job gains. gains. the nasdaq gained more than 29 points. >>> fed officials expect continued improvement in the nation's economy in the next year. the feds have repeatedly criticized the program. the new york times says the plan to cut the bond buying program could come next week. >>> gasoline prices are moving higher. the average price of a gallon of regular nationwide increased 3 cents over the past two weeks to $3.28. the lundberg survey says prices at the pump have risen 6 cents over the past nine months after a three-week d
, in the early spring, you know, of last year. so, listen, here's the problem, does the internet sales tax matter more to retail shopping than weather? i think that the retailers have built it in that they know it's going to be -- dennis: every holiday season everyone worries about weather and retail sales, the thought that you have six fewer days that you're going to buy your kid fewer gifts, not going to happen. cheryl: matt, i will say the numbers have been weak this year, and i thought especially this year with the economy turning around we would -- >> but is the economy turning around? we have the lowest labor force participation rate in this country than any year since 1978. you can have some numbers up, stocks up, a few things, but if people aren't working and making money, they're not going to be spending. that's a fundamental, and it's still bad. >> here's a forecast for retail sales. you're going to see more discounts coming in be, right? it's been tend. >> as it should be. cheryl: any picks, charles? >> on the retail side, golly, i normally do. >> abercrombie. >> i'm assuming you're al
to the long list of political promises proven untrue along side read my lips, no new taxes. the phrase isn't going away and the story line isn't going away. young people are leaving in droves. >> the if you like your health care you can keep it quote, harry reid has revived the debate the president told the truth all along. >> there were thousands of people that found out that was not actually possible. >> but i still go back and say what i said earlier. what he said was true. >> okay. >> if you want to keep your insurance you have, you can keep it. >> reid staring at a difficult battle to keep control of the senate in 2014 could be trying to reframe a sore point with voters. he says many health plans have changed in the last few years. he says the president was telling the truth at the time of the promise. carney had no interest in reengaging. >> i think the president has spoken about this at length and repeatedly and taken action on this. i don't have anything to add to that. >> reid put the white house on defense over the position to exempt some of the staff from enrolling in the d.c. e
's individual mandate and thus the tax penalty by a year. >> for one year there should be no crime and no fine. let's have that as transitional year and see if we can make these things work. >> reporter: manchin is not up for re-election in 2014 but west virginia senior senator rockefeller is retiring. a clou to how west virginia ans may fill that seat may be found in the fate of congressman nick rayhal. he has been hurt by the bad rollout, conservative americans for prosperity announced it is funding an obama care ad buy in his competitive direct. west virginia has been loyal to the democratic politicians. robert bird was the longest serving member in congress' history. but that may be threatened by what west virginia's perceive to be betrayal by a democratic white house. >> thank you very much. >>> for those of you taking early bets on the next presidential free state, senator rand paul says his wife will need some convincing if he makes a run in 2016. >> where's my cellphone. can i call my wife? two votes in my family, my wife has both of them. my wife votes no right now. >> paul was talkin
choice and competition on this marketplace and tax credits that you may be eligible for that can save you hundreds of dollars in premium costs ever month potentially. we need people now that we're getting the technology fixed, we need you to go back and take a look at what's going on because it can make a difference in your lives and lives of your families. and maybe it won't make a difference right now if you're feeling healthy, but i promise you, if somebody in your family heaven forbid gets sick, you'll see the difference. it will make all of the difference for you and your family. i'm going to need help in spreading the word. i'll need help in spreading the word. spread the word about the law, its benefits and its protections and about how folks can sign up, tell your friends and family. do not let the initial problems with the website discourage you. because it's working better now and it's just going to keep working better over time. every day i check to make sure it's working better. and you know, we've learned not to make wild promises about how perfectly smooth it's going to be a
based on your income, your zip code, to get potentially the tax subsidy as well as potential help with your out of pocket costs. >> and then you can take that plan you can compare it to all the other plans to see if anything is better or worse for you, reliant? >> you can look at that particular option which is the one that is where 70% of the costs are paid by the insurance company, 30% of the costs are paid for you and within that particular metal, there are plan options and then you go to other metals. >> reporter: so there are a lot of options and you can how this is not simple. thank you so much for all your help today. certainly can be complicated and that's what we have the experts here to help. and after today, the phone lines close at 7 p.m. you can head to our website, kpix.com. and we'll be providing more resources for you after our call-in is over today. so again 888-5-helps-u. phone lines are open until 7:00, liz, after that head to kpix.com. >> sounds good. thank you, julie. >>> and still ahead, why some religious activists say a new gap ad is a little too sexy. >>
the public schools are funded through property taxes. >> and the teacher-student ratio is worse here than in some of the countries that are doing a lot better. >> you also have to look at culture. >> of course. >> in mountains of studies in the united states that parental involvement is the number one predictor of student success. >> of course. >> there was some good news, which was that lower income kids are actually doing better. >> doing better comparatively. but not overall. >> well, they're doing better than they had been. which is good. and one question i had for you, what about the common core which has gotten a lot of attention lately? which says we need to start measuring american students and have a curriculum for american students that is comparable to what the did in shanghai. >> let me actually bring in sal caan founder of the caan academy, author of the one-room schoolhouse education being reimagined. what do you make of the core curriculum? is that something certainly the obama administration has been pushing. is that something you support? >> yeah. there's been a lot of co
. on unemployment insurance still have to pay federal income tax. because of sequestration, the and employment i -- the unemployment insurance got reduced. i am making less money. we still have to pay federal income tax on that. they say these people will stay on unemployment and not look for work. unemployment does not pay that much. it is not like you are collecting $1000 a week. it is only like $371 a week with sequestration. it is a good thing my wife works full time. for long-term unemployment, it is not much. unemployment does not last long. i would like your guest to comment on that. guest: there is no doubt unemployment does not replace the income of the job. i think it does speak to the fact that american families are having to readjust their lifestyle and get by with less. when they do take a job, taking $20 an hourom a job. hopefully unemployment gives them time to find the best job for their families. ideologically on the other side, some people say there would be a sense of urgency when benefits run out. host: let me go through the breakdown of the numbers based on gender and race.
have no record of you signing up. it is a catastrophe. >> they say come to the web site with your tax information as well as your income. that's great. in a web site that's not secured, i think i'll put my tax information in. i love this line, the team is operating with private sector velocity and effectiveness. it cost about a billion dollars and now they're operating with private sector effectiveness. >> now they're way over a billion dollars and nobody understands how can a web site costs that much. you do web sites for free. i have many, many web sites and they're up for nothing. you hire some young guy or some guy or woman who is intelligent and they give you a web site. but you don't spend a billion dollars and you don't spend a million dollars. so i just don't understand why aren't we suing the company thistly screwed up the web site? they're going to blame kathleen sebelius and they're going to blame everybody else and they probably have a pretty good defense. but why isn't this country doing something about getting the billion dollars back? this is a web site that is totally
. there are currently no credit score or income requirements to qualify. you can get tax-free money from the equity in your home. you can use the money to pay off your current mortgage if you have one. the remaining money can be used for anything. there's no monthly mortgage payments. and you still own your home! call today to get your free guide and dvd. it explains how a government-insured reverse mortgage works. there's no obligation. one reverse mortgage is a quicken loans company. their licensed experts can answer all your questions. call to find out what a great solution this can be. don't wait, call now! boy, oh, boy, did viewers get quite the surprise when they turned their tvs on saturday night. >> i'm ron burgundy. thanks for joining us tonight. last time i saw you, you were a lot heavier. like you lost 50 pounds. >> i lost a little bit. >> good for you. amber, you look lovely tonight. >> thank you, rob, you, too. >> are you married? >> no. >> i am, so don't get ideas. it's a sure sign that the holiday season is here. santa claus gets spotted coming to town. >> so will ferrell, aka, ron b
at the end of the year owing taxes. saying didn't i pay enough through the year? in this instance, it's if i didn't pay enough, i'm going to owe more? it's not going to go well if insurance companies calculated improperly. >> we'll see if you can argument with the fact that the government will come back and tell you what you should have charge and tell you if they're tight. i sense another argument down the line. thank you for joining us. >> appreciate it. >>> 19 minutes after the hour. look at this, planes looking more like toys, tossed around in the strong wind. this morning passengers are telling their horror stories. >>> and rick reichmuth is live 300 feet in the air. why? because he wanted to, it's for a great cause to ring in the holiday season. right, rick? >> yeah. exactly. and it's been chaos for the last three minutes. i hope the chaos isn't a sign of something that's about to come. cashman is about to go over on the other side of the break i'm joining him. stay with us. i'll be right back. ♪ ♪ it's the oats. honey. yeah. honey bunches of oats. this is a great cereal. it's not
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